Main similarities between Thatcherism and Third Way?
Thatcherism and the Third Way are two political concepts which were in practice during the 1980s and the late 1990s respectively.
Thatcherism itself was a set of ideologies set up by Margaret Thatcher during her time as Prime Minister from 1979 to 1991. Generally, it is defined as an attempt to create new political and ideological frameworks based on liberal and new right ideas. In basic terms, it is an alternative to what had been used over the past century in British politics. The Third way is Blair’s alternative to political ideologies used in the past. It is based on modern conservatism and old style labour socialism. In this way Thatcherism and the Third Way are similar; they are